Calculating Income for Support Purposes of Business Owner with Potential Non-Recurring Income
Analysis of income for support purposes for a client in the entertainment industry, with multiple related but distinct income streams.
CHS was engaged to calculate income for support purposes for a film producer and entertainment industry executive whose income was generated from film production, licensing and distribution. This income was earned through multiple corporate interests.
Our analysis required a thorough understanding of the industry in order to properly assess the timing of expected cash flows from our client’s projects, and the working capital required to fund his companies’ operations.
We also completed a detailed analysis of the various income streams earned by our client’s corporate interests to understand how the nature of his income evolved over time and identify potentially non-recurring income.
This matter settled following mediation.